Customer Classification and Target Market

SOLIDUS Securities Investment Services Firm, within the framework of implementing the Directive on financial markets, defines the appropriate Target Market for each client and the Financial Instruments compatible with their needs and objectives. The Company may adjust the defined Target Market and the corresponding Financial Instruments at any time.

Risk & Reward Indicator - SRRI:

The Synthetic Risk & Reward Indicator (SRRI) measures the level of risk associated with investing in a financial instrument. The indicator uses a scale from 1-7, with 1 indicating the lowest risk. The risk indicator is based on historical data, which may not be a reliable indicator of the future risk profile of the financial instrument. Low risk is associated with lower volatility and usually lower returns, but the lowest risk category does not mean zero risk. Conversely, the higher the risk category, the greater the volatility of the financial instrument and its potential return. The risk category presented is not guaranteed and may change in the future. The SRRI also applies to the informational documents of Mutual Funds: 1-2: Low Risk, 3-4: Medium Risk, 5-7: High Risk.

Target Market A (First Time Investor - SRRI up to 2)

Individual Clients with little to no experience in Financial Instruments, no tolerance for loss, very conservative profile, and absolute priority in capital preservation.

Financial Instrument Category

Simple high credit rating Bonds - up to AA- and Money Market Mutual Funds and other Mutual Funds with SRRI 1-2, and generally low-risk products.

Target Market B (Basic Investor - SRRI up to 4)

Individual Clients - Professional Clients - Eligible Counterparties with basic knowledge and relevant experience in Financial Instruments, low tolerable loss, conservative to balanced profile, aiming for income/appreciation.

Financial Instrument Category

Simple high credit rating Bonds - up to AA- and Money Market Mutual Funds and generally low-risk products, Stocks and Mutual Funds of equity indices and stocks without leverage – Exchange Traded Funds listed on organized markets, Bonds up to BB credit rating, non-Complex Bonds listed on the Athens Stock Exchange, Mutual Funds with SRRI 1-4, Stock Lending, simple Corporate or Government Bonds OTC or listed on a Regulated Market.

Target Market C (Informed Investor - SRRI up to 7)

Individual Clients - Professional Clients - Eligible counterparties with moderate knowledge and experience in Financial Instruments, tolerance for loss, balanced profile aiming for income/appreciation.

Financial Instrument Category

Simple high credit rating Bonds - up to AA- and Money Market Mutual Funds and generally low-risk products, Stocks and Mutual Funds of equity indices and stocks without leverage – Exchange Traded Funds listed on organized markets, Leveraged Investments - margin, Complex Bonds up to BB credit rating, Mutual Funds with SRRI 1-4, Stock Lending, Corporate and Government Bonds OTC or listed on a Regulated Market, Mutual Funds with SRRI 5-7, Futures - long options - short options - covered, Complex ETFs, Corporate Bonds OTC or listed on an organized market categorized as complex, Warrants.

Target Market D (Advanced Investor - SRRI up to 7)

Individual clients - Professional clients - Eligible counterparties with extensive knowledge and experience in Financial Instruments, high tolerance for loss, aggressive/speculative profile aiming for appreciation.